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20130216
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
on this show in mid-january. we discussed the debt ceiling. you voted against the deal to suspend the debt ceiling with 34 of your fellow senators but it passed anyway. what yo do you need to see in a bill to avoid the sequester sometime between now and the end of february? >> ali, first of all, as someone who did run a business for 22 years, i'm embarrassed about the way we're operating the country right now and i want to say that up front. sequestration is a bad idea. we ought to be doing our business, approapriating and budgeting, making decisions on cost b-benefit analysis. these continual deadlines and cliffs is no way to run a country much less a company. >> when you run a company, you have these things called poison pills. that's what the sequestration was. something to awful it would prevent a certain course of action from taking place. why is it that elected officials don't treat that the same way that you would if you were in business? if you had a poison pill in your business to say if you don't do something x will happen or if you do x would happen, you'd avoid that bad thing.
on in the present debt ceiling controversy in washington. >> my favorite book just recently, and i tell you it is $9.95 on amazon, is president kennedy's book called "nation of immigrants." it was written in the early 1960's. it will take you a couple of hours to read it again. it is a fabulous book and makes you realize that nothing has changed in the last 50 years. he talks about why we are a nation of immigrants and why that has been the strength of america. so, yes, we are all a nation of immigrants. we should remember that in these debates. but florida has an interesting process, something the all states should adopt, but every 20 years, a group of 30 citizens are awarded by the governor, the speaker of the house, the senate, supreme court, to rewrite florida's constitution, every line of it. it does not go to the legislature. all those pesky lobbyists out there do not get a chance to lobby one way or the other. goes right to the citizens of the state. took us two years to do that. we look at these issues. in florida's constitution, a quality education is now in the florida constitution. i do b
proposed it in the middle of the 2011 debt ceiling battle intended to pressure congress. it was not the president's idea to have cuts take place. >> thank you, mark.!qi >> coming up on abc 7 news at 4:00 mom to be wasn't the only one in labor. during the blizzard her wild winter ride is ahead. >> spencer christian watch out. see why video of the north dakota boy is going viral. >> i better be good at the next appearance. a view from our camera looking towards mount diablo. the accu-weather forecast is coming up. >> today, i'm still taking your questions on twitter and facebook you can contact me on facebook.com/michael finney abc 7 and on twitter, i'll answer questions here live a $ >> another live check of the friday afternoon commute this, is in walnut creek. traffic is on 680 northbound. it looks like it's moving well and better southbound heading towards danville. stay with us. more still to come on abc 7 news at 4:00. >>>/]9 a virginia couple had a valentine's day of a lifetime yesterday that did not involve flowers or chocolates or dinner. dave and nancy honeywell
is we will reduce spending for $1 for every dollar that we raise the debt ceiling back in august 2011. that's what a lot of folks forget, alex, is that this is the last piece of the august 2011 debt ceiling agreement whereby the president, senate democrats and house republicans said, okay, let's raise the debt ceiling but for every dollar we raise that debt ceiling, we'll lower spending by a dollar. so i am in favor of keeping that agreement. >> but keeping that agreement, if the sequester goes into effect, according to the cbo, it says it will cut u.s. growth in half. it will cost at least 1 million jobs and jobs by extension, consumers, which drive the economy. don't you agree that losing 1 million jobs will be disastrous to the recovery? >> if you turn just to the cbo, the stimulus of three years ago would have solved all of our problems and we would not have had all the difficulties we have today. would have led to tremendous gdp growth. neither does the cbo ever report or take into consideration the impact the huge debt has on the growth of our gdp and job creation. we can have a
to the obama white house. it came in the middle of the 2011 fight over the debt ceiling. white house thought this is such a bad deal it will actually force congress that compromising on deficit reduction. well the xro miss never came now the sequester is here. deadline march first. in the newsroom, mark matthews abc 7 news. >> more to bring you. more coming up tonight. if you ever shoot trash as if it were a basketball. you have the gar pwaj badge can for you. we have that story as 7 news at 9 continues. that was 3 points continues. that was 3 points by theíáf- >> well take a look at the month old pig let from florida. he was born without the use of his back legs and wasn't given much of a chance to live until a veterinarian stepped in. pig let can now get around thanks to custom built wheelchair as you can see. made out of wheels from toy set and yes the pig is a massive hit on you tube. looks like a happy little guy. pretty cute too. all right one last check on the weather. in0vaivt. >> nice story. weather picture renice as well. live doppler 7 hd mostly clear 68 over the b
, and the debt ceiling. the sequester, it really aims at the wrong side of the problem. the long-term challenge is entitlements, the sequester is fundamentally about discretionary spending, from a fiscal hawk point of view it doesn't get to the issue. >> what you say, ron, revenue, additional tax increases? >> from a -- tactical point of view, the democrats are putting themselves in the position by not getting everything they want. asking the republicans to come back and asking for a second tax increase is asking for a lot, politically. >> what about that dana? >> absolutely, the moment the deal was struck on new year's eve or new year's day, kind of a blur, republicans came out and said if the democrats think they will get anymore tax increases they're living on mars. it is not going to happen. it is it, we're done, not going to happen. you're exactly right, we're done. what is so fascinating, making people frustrated with washington right now is exactly what you said, ron, the whole point of the sequester was to cut in places that hurt, because they did that to force congress to do what was h
. there may be other things that may be more serious or just as serious. for example, the debt ceiling where common ground is impossible to find. it does reflected a larger dysfunction within the process and more significant gridlock but very hard to overcome. >> kelly: you know as well we know that is painful to the future of our country. hopefully, great minds can come together and find a common ground at which you speak. michael, we thank you for sharing your insights. >> thank you i really appreciate that. >> heather: my alma mater. >> kelly: i used to live down there. >> heather: that does it for us. thank you so much for watching. >> kelly: we're proud of the tarheels don't forget about the blue did he have i ams. >> heather: i'll see you back here tomorrow. >> kelly: thanks everybody. have a great day. anyone have occasional constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'.
? >> that is right. >> would it be reasonable, confronting a fiscal cliff in january, potential debt ceiling default in march, sequestration, or ceiling default in february, sequestration in march, government shut down in april, another potential debt ceiling in may, could shake the confidence of some investors in our ability to deal with our responsibilities? >> yes. we think the crisis mode of fiscal policy over the last few years is reducing people's confidence. how big of an effect that is, we don't know. >> the gentleman's time has expired. >> i think by anyone's objective measure in this town or country, we would consider you a smart man and a good economist, right? >> thank you. >> it befuddles me, it strikes me that some of us want to spee chify other than uses precious time to engage you in questioning. -- use this precious time to engage you in questioning. i will try to continue on in that regard. speaking of speechifying, we heard it is impossible to get ourselves out of this debt situation by spending cuts alone. i want to understand if i am correct that the cbo projects that revenue w
to dispense with these fights over government spending and the debt ceiling, but we'll see. they can't avoid these fights and republicans really can't help themselves. they have a wing of the party that's hell bent on slashing spending and cutting taxes, so they really, they salivate at that opportunity and we'll see if they're able to soften their image. >> you did not mention ted cruz, we'll talk about him later in the broadcast. jake sherman of politico, good to see you, molly ball of "the atlantic" we'll hear more from you later in the show. >>> coming up, that didn't take long, the first lawsuit filed over the cruise from hell. i'll talk to one of the passengers of the infamous carnival cruise ship about what it was like on board and also ask her whether the offer carnival has made is sufficient. >>> first though why can't this man retire like he wants to? leon panetta, counting the days until he gets to leave washington. general wesley clark is here, up next i'll talk to him about the d.c. deliberations that are blocking the confirmation for the next defense secretary. we'll also talk
? there was the -- there was the debt ceiling deal in which john boehner brought a vote to the floor even though didn't -- the majority of republicans. he brought another vote to the floor on the sandy supplemental. again, didn't have a majority of republicans and brought to it floor anyway. you start to think maybe this is really going to be different. this will be a different approach from republicans and then we got this week in which you had, it seemed, back to the same old approach. culminating with the hagel filibuster on -- was it friday, thursday, provide, you had this -- fairly unprecedented filibuster of the dod nominee, 58 votes, but under the preverse rules of the united states senate, 58 votes is not good enough. all my hope is dashed. >> indeed. >> thank you. see you tomorrow. >> let's take the fiscal curve. that was not solved by the president. that was solved when the president backed away and joe biden started making calls and went to the senate and said i'm joe biden and i'm your buddy. biden seems to be a really good proxy for the president on these touchy issues and there's month reason that he can
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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